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200,000 is the cost of the average house in the UK so it's not going to go very far. Use a large amount of it on a large deposit meaning that you'll get a mortgage easier (almost impossible in this country at the moment).. and spend a little on the cars and holiday (do 150k house 50k luxuries)

If you can afford to take the time to go on luxury holidays or are already fully financial stable, then why not. Life is short, you may as well enjoy it. If you have debt or still a mortgage to pay off, then the sensible thing would be to clear all your debts and then save the rest or use the rest to increase your quality of life. You could always do the honorable thing and give it to charity(ies).

Personally I don´t have any debt, but then I don´t have a house either. I would use the money to purchase a house and maybe start my own business (I like working). A break from the mundane office with a project/business of my very own would be my ideal thing. I think a 2 week trip to Santiago in Chile would also be on my list (always wanted to go there). All I can say is lucky you (though at the same time my sympathies if the inheritance has come about through a loss to the family). Enjoy it while you have it in whatever form you choose.

I would spend about 40 to 50Kon a decent car and go on holiday and the rest towards a house!! Have fun with it xx

I think it would depend on how old you are. If you're younger, invest half of it and utilize the other half for either fun (like cars, parties, fun toys, etc.) or spend it on something important (like a house, which is what I advise)

If you're younger and in a good position financially, party for three months straight then sleep one month. Perfect length for an enjoyable vacation.

Well First Frankie lets meet up for lunch and talk about it :)

Im 25 years old Male uk , if you want some advice id buy a house and car . Then let me take you on date :) x

A Porsche 997 turbo and a luxury holiday in the Seychelles. You only live once and who wants to be the richest corpse in the cemetery?

lucky you...I would spend 150,000 on a house (morgage the rest) then buy a fancy car and a luxury holiday....both being sensible and outragous

A little apartment in Madeira, overlooking the sea.

I'd overwinter there, then come back to England around the beginning of April.

I would invest it in good stocks and get the dividends. In the U.S.A. at this time dividend income is taxed at a lower rate then interest income on money saved.

I'd use some of it to pay of my mortage and use the rest for a nice holiday.